bench·mark
(bĕnch́märḱ)
[From the use of the mark as a place to insert an angle iron that serves as a support for a leveling rod.]
noun
- A standard by which something can be measured or judged: “Inflation . . . is a great distorter of seemingly fixed economic ideas and benchmarks” (Benjamin M. Friedman) See synonyms at standard
- A surveyor's mark made on a stationary object of previously determined position and elevation and used as a reference point in tidal observations and surveys.
transitive verb: -marked, -mark·ing, -marks.
- To measure (a rival's product) according to specified standards in order to compare it with and improve one's own product.